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Arnold Lee

Musical artist

Aug 25, 2026

5:56
What is the sort of relationship between the two? Are you your own chain? Do you build with them, on them, in conjunction with them? How, how does that technical relationship work? And then I guess the other question is in terms of the countries where you've started with LATAM and all the, uh, [clears throat] countries mentioned, what is the proposition that you're, you're offering them that's different to many others that are operating in this space?
6:21
Yeah.
6:21
Uh, those are both great questions.
6:23
Um, so, uh, starting at the top, uh, culturally, uh, the origins of the company, uh, our skill set, uh, was, uh, mostly built on top of the Solana virtual machine.
6:37
Um, that being said, uh, Solana is an L1, call it general purpose, permissionless, uh, you know, uh, ledger.
6:47
Um, and what we're developing today, uh, such as with Deutsche, uh, is a variation of the virtual machine, um, called SphereNet.
6:56
And, uh, if the goal of Solana is to maximize settlement on Solana in, in, you know, through the purposes of trading or, you know, payments or what have you, uh, the goal of SphereNet is not to go for settlement because, uh, we have realized in the journey of trying to, uh, bring on institutions or, uh, larger corporates, of which there's a concentration within LATAM, uh, maybe that is unique, um, in emerging markets as compared to the US or Europe, um, that there is a whole checklist of requirements, uh, that, you know, uh, without robust expertise makes it quite difficult internally, uh, for them to meaningfully migrate their flow on-chain.

24 MINS LATER

31:47
But c- can we kinda delve into that? Like, I know you've been very vocal about this, and would love to kinda get your thoughts on how is that intersection between AI, agentic payments, and the world that we all live in, which is blockchain?

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